AIMZ Investment Advisors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

          Total Assets Under Management                     Annual Fee
                    $1 - $500,000                             1.00%

               $500,001 - $10,000,000                         0.50%

               $10,000,001 and above                          0.40%

These fees are negotiable and the final fee schedule is attached as Exhibit I of the
Investment Advisory Contract. Fees are paid quarterly in advance, and clients may
terminate their contracts with written notice. Refunds are given on a prorated basis, based

       on the number of days remaining in a quarter at the point of termination. Clients may
       terminate their contracts without penalty, for full refund, within 5 business days of
       signing the advisory contract. Advisory fees are withdrawn directly from the client’s
       accounts with client written authorization.

       B. Payment of Fees

       Payment of Investment Supervisory Fees

       Advisory fees are withdrawn directly from the client’s accounts with client written
       authorization. Fees are paid quarterly in advance.

       Clients may have the option of paying Advisory fees directly, with payments due
       quarterly.

       C. Clients Are Responsible For Third Party Fees

       Clients are responsible for the payment of all third party fees (i.e. custodian fees, mutual
       fund fees, transaction fee etc.). Those fees are separate and distinct from the fees and
       expenses charged by RFAM.           Please see Item 12 of this brochure regarding
       broker/custodian.

       D. Prepayment of Fees

       RFAM collects fees in advance. Fees that are collected in advance will be refunded based
       on the prorated amount of work completed at the point of termination and the total days
       during the billing period. Fees will be returned promptly to the client via check.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither RFAM nor its supervised persons accept any compensation for the sale of
       securities or other investment products, including asset-based sales charges or service fees
       from the sale of mutual funds.

Item 7: Types of Clients

RFAM generally provides investment advice and/or management supervisory services to the
following Types of Clients:

          ❖ Individuals
          ❖ High-Net-Worth Individuals
          ❖ Pension and Profit Sharing Plans

      Minimum Account Size

      There is an account minimum, $500,000, which may be waived by the investment
      advisor.